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TNSPay enables merchants to process EMV Chip and PIN, eCommerce, mail and telephone order transactions.
TNSPay now also supports contactless transactions at the point-of-sale, at a time when this form of payment is poised to expand rapidly in the UK and Ireland.
TNSPay focuses on providing multi-channel gateway services to merchants. According to Fintan Byrne, TNS vice president and general manager for UK and Ireland, “In an era when multi-channel sales are increasingly vital to businesses, TNSPay’s versatility demonstrates our ability as an organisation to support all the routes to market that our customers need to support in order to grow their business.”
The UK completed its EMV migration a few years back. And now the payments industry is focused on adopting the contactless cards and NFC mobile payments that are expected to arrive sometime this year or next.
Read the press release here: http://eon.businesswire.com/news/eon/20110223005737/en/Secure-Payments/Secure-Transaction-Processing/Payment-Gateway